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  2. •

    Consumer Cyclical

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    Packaging & Containers
Hitech Corporation Limited

Hitech Corporation Limited

HITECHCORP.BO
Hitech Corporation LimitedIN flagBombay Stock Exchange
294.45
INR
+14.00
- -
5.06BMarket Cap
Hitech Corporation Limited
HITECHCORP.BO
(Bombay Stock Exchange)

Recent

price

294.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
261.76
292.68
333.55
205.71
321.27
253.22
213.12
224.98
267.69
266.93
258.9
341.09
324.03
325.98
326.68
372.72
372.48
Revenue per Share
10.94
8.07
6.86
2.84
4.69
9.11
5.45
4.52
9.55
1.37
9.87
21.77
16.49
12.81
5.2
8.84
8.83
Basic EPS, GAAP
-16.91
-0.66
23.43
8.61
22.19
21.21
-15.21
-22.22
0.46
17.67
27.69
31.19
29.49
1.88
-2.9
4.04
- -
Free Cash Flow per Basic Share
1.73
1.84
1.84
1.86
0.96
1.06
1.54
3.09
2.78
2.5
1.9
1.41
1.02
1.01
1
1.01
- -
Dividend per Share
10
51.28
55.86
59.63
67.26
72.43
69.47
70.22
76.32
76.85
78.13
94.57
110.06
121.87
126
10
9.99
Book Value per Share
81.38
85.5
91.51
63.81
101.03
88.23
83.8
87.25
95.59
96.18
105.84
126.22
141.53
153.35
152.55
160.89
160.79
Tangible Book Value per Share
13
13
13
13
14
16
17
17
17
17
17
17
17
17
17
17
17
Basic Weighted Avg Shares
3,449
3,856
4,395
2,710
4,648
3,926
3,660
3,864
4,598
4,585
4,447
5,858
5,565
5,599
5,614
6,404
6,404
Sales/Revenue/Turnover
10.11
7.93
6.6
7.06
5.22
7.71
5.92
5.16
6.75
6.9
7.9
9.86
8.51
7.57
4.5
5.44
5.44
Operating Margin (%)
126
154
173
99
162
156
130
175
214
300
295
300
286
297
365
397
397
Depreciation Expense
144
106
90
37
68
141
94
78
164
24
170
374
283
220
89
152
152
Net Income, GAAP
28.25
25.06
17.86
32.91
25.42
30.28
31.32
35.48
35.87
34.18
24.08
25.78
24.18
26.71
24.43
20.62
20.62
Effective Tax Rate (%)
4.18
2.76
2.06
1.38
1.46
3.6
2.56
2.01
3.57
0.51
3.81
6.38
5.09
3.93
1.59
2.37
2.37
Profit Margin (%)
101
129
175
-37
199
590
263
48
-116
-257
-201
26
137
106
-7
329
329
Working Capital
216
352
407
275
93
366
486
818
1,099
974
659
394
155
319
480
540
540
LT Debt
1,076
1,159
1,238
844
1,465
1,370
1,441
1,500
1,644
1,653
1,821
2,170
2,432
2,634
2,707
2,846
2,846
Total Equity
17.34
13.14
11.03
7.29
10.41
10.15
6.55
4.65
6.14
6.08
8.03
13.57
11.7
9.62
5.24
6.85
6.85
Return on Invested Capital (%)
25.77
18.34
3.94
3.9
8.46
10.33
5.33
4.69
7.76
3.73
10.24
18.42
15.1
11.98
6.78
12.28
12.28
Return on Capital (%)
109.42
26.35
12.8
4.92
7.72
13.47
8.08
6.47
13.03
1.79
12.74
25.21
16.12
11.05
4.2
13
13
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
838
- -
833
LT Borrowings
447
- -
515
LT Finance Leases
36
- -
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
- -
17
Market Capitalization
3,233
2,888
1,982

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,417
- -
1,642
Cash, Cash Equivalents & STI
60
- -
104
Accounts Receivable, Net
662
- -
718
Inventories
577
- -
717
Total Current Liabilities
1,345
- -
1,313
Payables & Accruals
- -
- -
- -
ST Debt
838
- -
833
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.7%
9.49%
5.15%
Free Cash Flow
300.99%
-116.04%
-239.39%
Net Income, GAAP
67.82%
16.9%
69.96%
Sales/Revenue/Turnover
5.62%
8.34%
14.07%
Total Cash Common Dividend
6.33%
-10.93%
0.37%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,504
1,435
1,293
1,367
5,599
2025
1,426
1,465
1,230
1,493
5,614
2026
1,649
1,644
1,451
1,660
6,404

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.47
3
1.47
- -
12.81
2025
2.26
1.62
0.73
0.59
5.2
2026
2.76
2.43
-1.52
5.17
8.84

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.01
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
1.01
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Business
Hitech Corporation Limited manufactures rigid plastic packaging solutions in India. The company produces bottles, jars, pails, drums, cans, caps, and closures; offers custom packaging for paints and coatings, personal care, home care, food and beverages, agrochemicals, lubricants, pharmaceuticals, construction chemicals, adhesives, and healthcare products; and provides end-to-end services including design, prototyping, tooling, in-mold labeling, injection blow molding, heat transfer labeling, and sleeving across capacities from 5ml to 24 liters. Hitech Corporation operates 13 manufacturing facilities strategically located near key customer hubs, supported by a government-approved R&D center in Pune featuring advanced design software, virtual reality renderings, mold flow analysis, and over 500 mold designs. Founded in 1991 and headquartered in Mumbai, the company serves more than 1,200 customers primarily in India and is a subsidiary of Geetanjali Trading and Investments Private Limited. Recent developments include the approval of audited Q2 FY2025 results showing 12.2% year-over-year consolidated revenue growth to ₹16,438 lakhs and 50% net profit increase to ₹417 lakhs, alongside extensions of key leadership roles such as those of senior executives effective through 2025 and 2026.